Stratus Properties (STRS) Reports Q1 Loss of $0.23/Share

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Stratus Properties Inc. Reports First-Quarter 2018 Results

May 10, 2018 8:30 AM EDT

AUSTIN, Texas--(BUSINESS WIRE)-- Stratus Properties Inc. (NASDAQ: STRS), a diversified real estate company with multi-family and single-family residential real estate development, real estate leasing, hotel and entertainment businesses in the Austin, Texas area and other select Texas markets, today reported first-quarter 2018 results.

Highlights:

Finalized development plans and secured final building permits for The Saint Mary, a 240-unit multi-family development in the Circle C community. Stratus intends to commence construction in the second quarter of 2018, subject to completion of project financing.... More